Posted on 11 Jan 2011
The Texas Department of Insurance, Division of Workers' Compensation (TDI-DWC) approved the renewals of the Certificates of Authority for twelve companies to self-insure their workers' compensation claims for a one-year period under the TDI-DWC Self-Insurance Program. These twelve companies collectively employ approximately 20,700 employees in Texas.
Under Texas law, certain large, private companies can self-insure for workers' compensation claims, while retaining the protection of the Texas Workers' Compensation Act for the company and for its employees. To qualify, a company must have a minimum workers' compensation insurance unmodified manual premium of $500,000 and meet other requirements subject to annual review.
The following companies received self-insurance certificates:
• American Electric Power Company, Inc., Heath, OH
• Associated Wholesale Grocers, Inc., Kansas City, KS
• E. I. du Pont de Nemours and Company, Wilmington, DE
• Emerson Electric Co., St. Louis, MO
• FedEx Freight, Inc., Harrison, AR
• Guardian Industries Corp., Auburn Hills, MI
• International Paper Company, Memphis, TN
• Louisiana-Pacific Corporation, Portland, OR
• The Procter & Gamble Company, Cincinnati, OH
• The Sherwin-Williams Company, Cleveland, OH
• Unique Staff Leasing I, Ltd., Corpus Christi
• VF Corporation, Greensboro, NC